Apple Pencil With USB-C Port Is The Most Affordable Yet But Misses Out On Some Key Features
Portfolio Pulse from Rounak Jain
Apple Inc. (NASDAQ:AAPL) has launched a more affordable variant of the Apple Pencil with a USB-C port. The third-generation Apple Pencil, priced at $79, promises high precision, low latency, and tilt sensitivity. It is compatible with all iPad models equipped with a USB-C port and is expected to be available in early November. However, some features present in the second-generation stylus have been cut back.
October 17, 2023 | 2:27 pm
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Apple's launch of a more affordable Apple Pencil could attract more customers, potentially boosting sales. However, the cutback on some features could deter some potential buyers.
The launch of a more affordable Apple Pencil could attract more customers, potentially boosting Apple's sales. However, the cutback on some features, such as magnetic wireless charging, wireless pairing, double-tap to change tools, and pressure sensitivity, could deter some potential buyers who value these features. Therefore, the impact on Apple's stock price could be neutral in the short term.
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IMPORTANCE 70
RELEVANCE 100